7740 E PHANTOM Way, Scottsdale, AZ 85255, Scottsdale, 85255 - 5 bed, 3 bath
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Scottsdale, AZ 85255
This Stunning Move-In Ready Residence in the prestigious Grayhawk community is listed at $1,499,000, representing a stable value closely aligned with its $1,436,864 Fair Market Value. Boasting an Excellent Condition Rating following extensive luxury renovations, the home features a modern kitchen with waterfall-edge countertops and a versatile 5-bedroom layout including a first-floor Murphy bed. The backyard serves as a private sanctuary with a sparkling pool, spa, and mature citrus trees. Located steps from top-rated Grayhawk Elementary, this property offers an elite lifestyle for growing families or Owner-Occupants seeking a polished Scottsdale retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7740 E PHANTOM Way Subject | $1,495,000* List Price | 5 | 3 | 2,599 | $560 | - |
A 8216 E Angel Spirit Drive Sold | $1,275,000 | 3 | 3 | 2,612 | $488 | 0.6 mi |
B 21064 N 72ND Place Sold | $1,310,000 | 4 | 3 | 2,364 | $554 | 0.7 mi |
C 8179 E SIERRA PINTA Drive Sold | $1,130,000 | 3 | 3 | 2,253 | $502 | 0.7 mi |
D 7774 E SAN FERNANDO Drive Sold | $1,550,000 | 4 | 3 | 3,239 | $479 | 0.9 mi |
E 21064 N 72ND Place Sold | $1,310,000 | 4 | 3 | 2,364 | $554 | 0.7 mi |
F 7788 E PHANTOM Way Active | $1,299,999 List Price | 4 | 3 | 2,441 | $533 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1997, the property has undergone extensive recent renovations within the last 5 years that meet current luxury standards. The kitchen is updated with modern cabinetry and waterfall-edge countertops, and the bathrooms have been completely remodeled with high-end features like freestanding tubs, backlit mirrors, and contemporary tile work. The interior also features upgraded wood-look flooring and modern light fixtures throughout.
The backyard is a fully-equipped private oasis featuring an inviting pool, above-ground hot tub, mature citrus trees, and low-maintenance faux grass, ideal for Arizona entertaining.
The layout offers significant flexibility with five true bedrooms or a four-bedroom plus den configuration, including a convenient first-floor bedroom with a built-in Murphy bed.
Situated in a highly sought-after Scottsdale community, the property boasts excellent proximity to top-rated Grayhawk Elementary, local dining, and quick access to the 101 freeway.
With a 1997 build date, the property may soon require significant capital expenditures for original infrastructure components like the roof or HVAC systems that are nearing the end of their lifespan.
The list price of nearly $1.5M for under 2,600 square feet places the property at a high price-per-square-foot threshold, which may challenge appraisal values compared to larger area comps.
Option to Lease-1 +year term. This N/S exposure home is a TRUE 5 bedroom&loft or 4 bed+Den+Loft. One room is on the first level with a Murphy bed installed.Interior has an interior design feel&boosts of upgraded wood like floors& carpet in all the right areas.Plantation stutters on first level. An eat in updated kitchen which opens to family room. New dark sunscreens on windows, to keep home cooler. Backyard includes an inviting pool, & an above ground hot tub, along w/lush mature landscaping & faux grass. Grapefruit and lemon trees. All year round lights on house installed for every holiday. Community has excellent schools, restaurants, minutes from the 101. Come see this beautiful home, and make it yours.
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades K-6 • 1.4 mi
Grades 7-8 • 7.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 86% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,599 | 2,967 | 39% |
| Lot Size | 7,500 | 9,772.5 | 23% |
| Price | $1.50M | $1.04M | 65% |
| Price per sq ft | $575 | $444 | 77% |
| Built year | 1997 | 1998 | 49% |
| HOA | $268 | $237 | 56% |
| Days on market | 261 | 2161 | 24% |
Apr 15, 2026
$1,495,000
$1,499,000
+0% Price Increase
Initial Listing
Aug 4, 2025
$1,499,000
Initial Listing